b1tTrader

Short term outlook. Catch the top of the rally and short it

Short
BITSTAMP:BTCUSD   Bitcoin
0
BTC will take any chance it gets to rally. So many traders are waiting for the 'to the moon' moment. Even though I'm an uber bull longer term, I'm bearish on for the short.

In the coming weeks I see a continuation of the downwards trend until we've really forgotten Gox and China. Then we'll see the long haul up, but that's probably months away.
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